Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - September 2007

Series Deal Size Expected Maturity	2002-3 $1,500MM 6/15/2009		2002-7 $750MM 11/15/2007		2003-2 $1,340MM 4/15/2008		2003-3 $1,425MM 7/15/2008		2003-4 $725MM 10/15/2013		2003-5 $1,000MM 10/15/2008
Yield	16.88	%	16.88	%	16.88	%	16.88	%	16.88	%	16.88	%
Less: Coupon	5.96	%	5.94	%	5.93	%	5.91	%	6.06	%	5.90	%
Servicing Fee	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%
Net Credit Losses	4.04	%	4.04	%	4.04	%	4.04	%	4.04	%	4.04	%
Excess Spread:
September-07	5.38	%	5.40	%	5.41	%	5.43	%	5.28	%	5.44	%
August-07	6.33	%	6.35	%	6.36	%	6.38	%	6.24	%	6.39	%
July-07	6.86	%	6.88	%	6.89	%	6.91	%	6.76	%	6.92	%
Three Month Average Excess Spread	6.19	%	6.21	%	6.22	%	6.24	%	6.09	%	6.25	%
Delinquency:
30 to 59 Days	0.98	%	0.98	%	0.98	%	0.98	%	0.98	%	0.98	%
60 to 89 Days	0.69	%	0.69	%	0.69	%	0.69	%	0.69	%	0.69	%
90+ Days	1.45	%	1.45	%	1.45	%	1.45	%	1.45	%	1.45	%
Total	3.12	%	3.12	%	3.12	%	3.12	%	3.12	%	3.12	%
Principal Payment Rate	17.24	%	17.24	%	17.24	%	17.24	%	17.24	%	17.24	%
Series Deal Size Expected Maturity	2003-6 $2,000MM 11/15/2008
Yield	16.88	%
Less: Coupon	5.89	%
Servicing Fee	1.50	%
Net Credit Losses	4.04	%
Excess Spread:
September-07	5.45	%
August-07	6.41	%
July-07	6.93	%
Three Month Average Excess Spread	6.26	%
Delinquency:
30 to 59 Days	0.98	%
60 to 89 Days	0.69	%
90+ Days	1.45	%
Total	3.12	%
Principal Payment Rate	17.24	%